Bodal Chemicals Ltd has informed that the Board of Directors of the Company at its meeting held on February 16, 2008, inter alia, has transacted the following businesses:
- Entitlement Ratio for Rights Issue : 1 Equity Share with 1 Detachable Warrant for every 2 equity shares held on Record date.
- Issue Price : Rs 20/- per share (including Rs 10/- premium per share)In view of pending incorporation of some of the detail in final Letter of Offer, Board ofDirectors has decided to approve final Letter of Offer in the ensuing Board Meeting to beheld on February 26, 2008.
- Entitlement Ratio for Rights Issue : 1 Equity Share with 1 Detachable Warrant for every 2 equity shares held on Record date.
- Issue Price : Rs 20/- per share (including Rs 10/- premium per share)In view of pending incorporation of some of the detail in final Letter of Offer, Board ofDirectors has decided to approve final Letter of Offer in the ensuing Board Meeting to beheld on February 26, 2008.
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